Inflation-Linked ETFs Rebound After Seven Months

Inflation-linked bond ETFs had their first month of inflows after seven straight months of outflow, and ETFs backed by Japanese and US equities recorded strong inflows even though these markets are further along in their recovery than the EU and the UK, and likely have fewer easy gains to make. Commodities ETFs had net outflows last week, though there wasn’t much activity overall. “Last week, Inflation-linked bond ETFs recorded net inflows after seven months of continuous redemptions, with no particular differentiation between geographical areas,” writes Societe Generale analyst Sebastien Lemaire. “This could come as a surprise given that mature economies…